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BETHPAGE, N.Y., June 28, 2012 /PRNewswire/ -- Cablevision Systems Corporation's (NYSE: CVC) Bronx Field Service and Audit Technicians voted resoundingly to reject joining the Communications Workers of America (CWA) in an election held today. Employees voted 74 percent to 26 percent - nearly a three-to-one margin - against joining the CWA. Cablevision issued the following statement:
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The IRS national office has issued a Technical Advice Memorandum (TAM) in connection with a taxpayer's deduction for a liability for future trade promotion liabilities. The TAM resulted from an IRS field audit which originally disallowed the taxpayer's deduction, but was upheld by the national office. In the current situation, a taxpayer attempted to deduct a liability for future promotions that were to be conducted in connection with its sale of a product. As is customary in the industry, a promotion program was offered where the customer paid the asking price of the product, and, in turn, the taxpayer would pay rebates to the customers.
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An internal audit has concluded that NASA committed to an excessive and unnecessary cleanup of its portion of the Santa Susana Field Laboratory and a less expensive and invasive plan should be considered. The audit, released recently by NASA's Office of Inspector General, estimated that cleaning up the agency's portion of the property would cost $200 million.
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In June, the Income Franchise Field Audit Bureau from within the New York State Department of Taxation and Finance released the "Nonresident Audit Guidelines." This 124-page issuance is intended to provide guidance to NYS audit staff when confronted with or when having to assess various issues related to NYS non-resident income tax returns. These guidelines do not have legal standing but rather are meant to provide a uniform approach for agents and their supervisors to work with taxpayers and tax professionals in interpreting many of the complex issues that arise from multi-state residents.
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In Sri Lanka, the impact of environmental issues on individual communities and the country at large has been identified as a major problem, and the Sri Lankan government has established a legal framework to address this challenge. Parliament enacted the National Environmental Act of 1980 to provide for the protection and management of the environment. That act established the Central Environmental Authority (CEA). In addition, Sri Lanka established a new Cabinet-level ministry to regulate environmental activities of the state. Under the act, the powers of the CEA can be delegated to local authorities. The Auditor General's Department is in the initial stages of introducing environmental auditing. To date, 2 pilot audits on waste management in 2 municipal councils - Colombo and Dehiwala ...
... assistance of experts in the environmental field. Thus, the scope of the audit conducted by the Aud...
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The purpose of this paper is to inform practitioners about leading research in the field of internal audit and corporate governance. There has been considerable progress in academic research towards the development of a decision aid for External Audit evaluation of the Internal Audit Function. Desai et al. (2009) developed a theoretical model of the decision process used by external auditors to determine the strength of their client's internal audit function. They further tested this model using computer simulations. The model is based on three factors identified by auditing standards and prior academic research: Competence, Work Performance, and Objectivity. The results of the analysis revealed that modelling the "And" relationship is essential for assessing the strength of the IA func...
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Cablevision employees in the Bronx voted overwhelmingly not to join the Communication Workers of America union today. The employees, part of Cablevision's Bronx Field Service and Audit Technicians, voted 74 percent to 26 percent against unionization.
